Tick Repellent Market on the Rise: Protecting Pets at a 5.5% CAGR by 2032

Tick Repellent Market
Tick Repellent Market

The global tick repellent market is poised to ward off pests and protect pets, with a projected market value of US$ 1.3 billion by 2032. This translates to a Compound Annual Growth Rate (CAGR) of 5.5% over the forecast period, building upon a solid foundation of growth witnessed between 2017 and 2021.

Pet Wellness Takes Center Stage

Several key factors are driving this market expansion:

  • Booming Pet Ownership: The increasing number of pet adoptions and a growing focus on stray animal welfare are boosting the demand for tick repellents. As responsible pet ownership becomes a priority, tick protection becomes an essential first step.
  • Pet Humanization on the Rise: The trend of treating pets like family members is leading to a rise in spending on pet healthcare and well-being. Millennial pet owners, in particular, are willing to invest in high-quality products like tick repellents.
  • Increased Expenditure on Pet Care: Pet owners are increasingly prioritizing their furry companions’ well-being, leading to higher spending on pet food, healthcare, grooming, and other essentials. Tick repellents are a key part of this comprehensive care routine.

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A Look at Spending Trends

A 2018 independent study revealed a significant rise in pet-related expenditure, particularly in North America:

  • Pet Expenditure Soars: Pet spending in the US has increased by more than 50% since 2013, with pet food and healthcare products leading the charge.
  • Investing in Quality: This rise in expenditure indicates a growing focus on providing pets with high-quality products and services to ensure their health and well-being.

A Future Focused on Protection

The tick repellent market’s growth is driven by a growing awareness of tick-borne diseases and the importance of preventive measures. With a rising pet population and an increasing focus on pet health, the market for tick repellents is well-positioned for continued growth. Manufacturers who cater to the needs of pet owners, offering effective, convenient, and pet-friendly tick repellent solutions, are well-positioned to capture a significant share of this expanding market.

Increasing adoption of tick repellent products for the prevention and treatment of tick-borne diseases in pet animals and potential risk of transmission in humans will fuel the growth in the market,” says an FMI analyst.

Key Takeaways:

  • Dog segment is expected to hold a noteworthy revenue share of 42.7% in 2022.
  • Based on method, sales of external tick repellents will remain high.
  • In terms of product type, demand for chewable tick repellents will grow at a 6.4% CAGR over the forecast period.
  • By sales channel, the online retailers segment will expand at a 9.2% CAGR over the assessment period.
  • India will dominate the South Asia tick repellent market through 2032. Sales in the South Asia market are projected to grow at a 7.2% CAGR over the assessment period.
  • The U.K. will account for 22.5% of the Europe tick repellent market share over the forecast period.

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Competitive Landscape

Leading manufacturers of tick repellent are focusing on aggressive promotional strategies, advertisements, and new product launches to improve sales. Key players are investing in mergers, acquisitions, and collaborations to expand their global presence.

Merck & Co., Inc., Zoetis Inc., Boehringer International GmbH, Bayer AG, Elanco Animal Health, Ceva Santé Animal, Perrigo Company plc., Central Garden & Pet Company, Virbac Corporation and The Hartz Mountain Corporation are some of the leading players operating in the market.

Global Tick Repellent Market by Category

By Product Type:

  • Chewable
    • Fluralaner
    • Valerian
    • Chamomile
    • Others
  • Spot On
    • Methoprene
    • Fipronil
    • Moxidectin
    • Others

By Pet Type:

  • Dogs
  • Cats
  • Others (Birds, Horses, etc.)

By Method Type:

  • Internal
  • External

By Sales Channel:

  • Modern Trade
  • Convenience Stores
  • Veterinary Clinics
  • Online Retail

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Northern Europe’s Booming Calcium Sulphate Market: Capitalize on Opportunities in Construction, Food & Beverage, and Personal Care Industry

Northern Europe Calcium Sulphate Market
Northern Europe Calcium Sulphate Market

The Northern Europe calcium sulphate market is projected to experience steady growth with a compound annual growth rate (CAGR) of 5.3% from 2022 to 2032. By the end of this forecast period, the market is expected to reach a valuation of US$ 7,234.3 million. Calcium sulphate is naturally occurring and can be synthesized using chemical means or intermediates.

Calcium sulphate has a wide range of commercial and industrial applications due to its excellent physicochemical properties. Calcium sulphate can be used as a soil conditioner for agriculture, as a coating agent for the paper industry, to make paper very shiny, as a desiccant in chemical laboratories, as a coagulant for foods and beverages, and for coloring paints used as a pigment.

Gypsum, the dihydrate form of calcium sulphate, is the most commonly used form and important raw material in the construction industry. It is used to make Portland cement, highly specialized plasters (also known as gypsum plasters) for wall surfaces, wallboard, cement blocks, and mortars. Growing government infrastructure development initiatives in a number of countries are creating new opportunities for gypsum producers to profit from the construction industry.

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Agrochemical demand is increasing to maximize production from available land. The agricultural industry relies heavily on calcium sulphate dihydrate, also known as gypsum. It is a calcium and sulphur source for plant nutrition. Calcium is required for plants to absorb the majority of their nutrients. It also helps to improve the soil structure. It aids in the improvement of flocculation or aggregation. It also increases the water infiltration & prevents waterlogging in soil. Growing demand from the agriculture industry is expected to drive the demand in the forecast period.

Over the assessment period, sales of calcium sulphate are expected to be driven by the growing construction industry across Northern Europe followed by agrochemicals and paints & coatings,” says an FMI analyst. 

Key Takeaways:

  • The additive segment is projected to hold approximately 58% of the total market share in 2022.
  • The cement & plaster segment is anticipated to grow at 5.6% CAGR through 2032.
  • The calcium sulphate market in the U.K. is expected to create an incremental dollar opportunity of US$453.9Mn in the forecast period.
  • The technical grade segment is expected to reach about US$5,862.3Mn by end of the forecast period.

Competitive Landscape          

Key market participants of the calcium sulphate market elaborated in the report include Saint-Gobain, Solvay SA, Honeywell International Inc., Penta Manufacturing Company, Celtic Chemicals Limited, Miber Mineral Roset, Glentham Life Sciences Limited, Fluorsid, AKO KASEI CO., LTD, JRS Pharma, Macco Organiques, s.r.o., Spectrum Chemical MFG Corp., GFS Chemicals Inc., and others.

Key players are focused on high-growth end-use industries such as construction and infrastructure where calcium sulphate is widely used. These benefits manufacturers in terms of revenue and product portfolio. Leading manufacturers in the market are focusing on high-growth end-use industries to increase annual sales. Great market opportunities are expected from the growth of certain end-use industries such as construction, paints, coatings, and the expansion of infrastructure projects.

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More Insights into the Northern Europe Calcium Sulphate Market Report 

In its latest report, FMI offers an unbiased analysis of the Northern Europe calcium sulphate market, providing historical data for the period of 2017-2021 and forecast statistics for the period of 2022-2032. To understand the global market potential, its growth, and scope, the market is segmented based on product type (anhydrous & hydrated), by grade (technical, food & pharma), by function (coagulant, thickening agent, excipient, desiccant & additive), by end use (cement & plasters, agrochemicals, paints & coatings, paper, mining, food & beverages, cosmetics & personal care, pharmaceuticals) & by country (Germany, United Kingdom, Ireland, France, Netherlands, Belgium & Rest of Northern Europe).

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Global Hospital Workforce Management Market Set for Rapid Growth, Projected to Reach US$4,209.5 Million by 2033 with a CAGR of 10.6%

hospital workforce management market
hospital workforce management market

The global hospital workforce management market is poised for substantial expansion, with forecasts indicating a projected value of US$4,209.5 million by the year 2033. This significant surge reflects a robust Compound Annual Growth Rate (CAGR) of 10.6% from its estimated value of US$1,533.2 million in 2023.

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Hospital workforce management solutions play a pivotal role in optimizing staffing levels, streamlining operations, and enhancing patient care delivery within healthcare facilities. These solutions encompass a range of technologies and strategies aimed at efficiently managing healthcare personnel, including scheduling, time and attendance tracking, and workforce analytics.

The anticipated growth in the global hospital workforce management market can be attributed to several key factors. The increasing demand for better patient care outcomes, coupled with the imperative for hospital efficiency and cost-effectiveness, is driving the adoption of advanced workforce management solutions. Hospitals and healthcare institutions are increasingly recognizing the importance of optimizing staffing levels, reducing administrative burdens, and ensuring compliance with regulatory requirements to enhance overall operational efficiency.

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Leading Players in Hospital Workforce Management Market:

The industry is dominated by a number of companies, including IBM Corporation, Atoss Software, McKesson Corporation, GE Healthcare, Kronos, Inc., SAP AG, Infor, Inc., Automatic Data Processing, Inc., Cornerstone On-demand, Inc., and Ultimate Software Group, Inc. The focus among the players is on offering distinctive product experiences in order to attract a larger clientele. In addition, various expansion tactics like joint ventures to fortify supply chains, acquisitions, and distribution networks are also utilized.

  • In October 2021, Microsoft announced the launch of a new health IT tool to assist healthcare administrators in frontline workforce management because of better overall healthcare metrics.
  • GE Healthcare, one of the pioneers in the hospital workforce management domain, offers a wide range of services, from digital solutions, which include asset performance and clinical performance management, to healthcare technology management, site planning, and interoperability.
  • SAP offers the Workforce Suite for Healthcare, which is effectively used as a SaaS solution and can be integrated with SAP Cloud using standard SAP-approved interfaces and APIs. In addition, the interface achieves operational performance levels of 99.5%

Key Segments Covered in the Hospital Workforce Management Industry Report

By Product Type:

  • Standalone Software
  • Time and Attendance
  • HR and Payroll
  • Scheduling
  • Talent Management
  • Analytics
  • Others
  • Integrated Software

By Service:

  • Implementation Services
  • Support and Maintenance
  • Optimization Services
  • Training/Education Services

By Mode of Delivery:

  • Web-based
  • Cloud-based
  • On-premise

By Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • East Asia Market
  • South Asia and Pacific Market
  • The Middle East & Africa Market

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Food Packaging Boom Drives Demand for Rare Gas: Sales Projected to Reach US$ 6 Billion by 2032

Rare Gas Market
Rare Gas Market

The rare gas market exhibited promising growth, with forecasts indicating a steady upward trajectory. Projections suggest that sales will surge at a Compound Annual Growth Rate (CAGR) of 5.2% between 2022 and 2032, potentially surpassing US$ 6 Billion in total demand by the end of 2032. This anticipated expansion underscores the growing significance of rare gases across various industries and their indispensable role in numerous technological applications.

In the medical sector, helium gas is used in some of the most vital processes owing to its unique physical and chemical properties. Helium gas and oxygen is used to treat various diseases, including emphysema, asthma, and other respiratory diseases. It also finds applications in MRI scanners for generating images. This is anticipated to fuel sales of rare gases in the healthcare sector.

Similarly, argon is utilized as a surgical instrument in the healthcare sector. Coagulation of argon plasma is a non-contact technique that uses high-frequency stimulation of argon plasma to prevent bleeding through coagulation in surgical places.

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Moreover, growing applications in aerospace and aircraft industries are anticipated to create opportunities for rare gas market players. Xenon is used as a propellant for ion thrusters. As the number of space missions is increasing all around the world, the need for xenon gas is expected to increase.

Further, krypton is extensively used in construction industry because of its effective insulation and energy efficiency in high-end triple and double glass windows.

 “Rare gas ionization provides a strong white light which is used in flashbulbs, fluorescent lamps, airport runway lights, and lasers. For brighter light, rare gas is effective for indoor light application. Growing demand for brighter light for various applications will fuel growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • By supply mode, sales in the cylinders segment will increase at a 5.3% CAGR through 2032.
  • In terms of applications, demand in the lighting segment will surge at a 4.8% CAGR over the forecast period.
  • The U.S. rare gas market is anticipated to create an incremental opportunity of US$ 385.9 Mn over the forecast period.
  • China will account for a dominant share in the East Asia rare gas market, with demand growing at a 5.3% CAGR through 2032.

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Competitive Landscape

Leading players operating in the global rare gas market are

  • Air Gas, Air Liquide,
  • Matheson Tri-Gas, Inc.
  • Messer Group GmbH
  • American Gas Products
  • The Linde Group
  • Air Products & Chemicals
  • Inc., Air Water Inc.
  • Axcel Gases
  • Specialty Chemical Products Inc.
  • Specgas Inc.
  • Dakota Gasification Co.
  • Nova Gas Technologies Inc.
  • Iwatani Corporation

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Global Cell Line Development Services Market Poised for Substantial Growth, Expected to Surpass US$12,957.8 Million by 2033 with a (CAGR) of 7.4%

Cell Line Development Services Market
Cell Line Development Services Market

The global cell line development services market is primed for remarkable expansion, with forecasts suggesting a substantial increase to a value exceeding US$12,957.8 million by the year 2033. Future Market Insights (FMI) reports that this projection marks a significant surge from US$6,365.2 million in 2023, illustrating a robust Compound Annual Growth Rate (CAGR) of 7.4%.

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Cell line development services are integral to the biopharmaceutical industry, facilitating the production of biologics and vaccines for a myriad of therapeutic applications. These services encompass a range of processes, including cell line engineering, cell banking, and cell line characterization, essential for the development and manufacturing of innovative therapies.

The anticipated growth in the cell line development services market can be attributed to several key factors. Rapid advancements in biotechnology, coupled with the increasing demand for biopharmaceuticals, are driving the need for efficient and scalable cell line development solutions. Additionally, the rise in chronic and infectious diseases, along with the growing emphasis on personalized medicine, further propels the demand for biologic drugs, thereby augmenting the market growth.

The demand for more sophisticated and effective treatment pathways has arisen from the rapid rise in the prevalence of neurological disorders and cancer, as well as the lack of effective treatment options for these conditions. Businesses and governmental institutions are spending money on R&D projects and are concentrating more on the creation of cell lines to find new biological pathways for the development of innovative medications. The industry for cell line development would benefit from the increased R&D expenditures on biosimilars made by departing biopharmaceutical corporations.

Market Competition:

Lonza, MabPlex Inc., Thermo Fisher Scientific, Inc., Solentim Ltd., Sigma-Aldrich Corporation, Selexis, Corning, Inc., Wuxi App Tec, Inc., and Sartorius AG are a few of the major players in the worldwide cell line development services market.

The market is extremely competitive as a result of the large number of participants. Regional players are present in key development regions, especially Asia Pacific, but global players like Lonza, MabPlex Inc., Thermo Fisher Scientific, Inc., and Solentim Ltd. still hold a significant share of the market.

  • In May 2022 – ALSA Ventures, and Lonza, a global development and manufacturing partner to the pharma, biotech and nutrition industries, announced today a framework collaboration agreement to help ALSA’s portfolio of pre-clinical and early clinical biotechs develop and manufacture biologics and small molecule drug candidates.
  • In March 2021 – Pionyr Immunotherupatics collaborated with Lonza to support their oncology product development. Lonza will help Pionyr with cell line development and offer optimal yield and throughput.
  • In June 2022 – WuXi Advanced Therapies and Wugen Inc., announced a partnership to produce Wugen’s WU-NK-101, a novel immunotherapy that harnesses the power of memory natural killer (NK) cells to treat cancers. WuXi ATU will provide manufacturing and testing services for WU-NK-101 to enable the delivery of this innovative cell therapy to cancer patients.

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Key Companies Profiled:

  • Lonza
  • MabPlex Inc.
  • Thermo Fisher Scientific, Inc.
  • Solentim Ltd
  • Sigma-Aldrich Corporation
  • Selexis
  • Corning, Inc
  • Wuxi App Tec Inc.
  • Sartorius AG

Key Segments Profiled in the Cell Line Development Services Industry Survey

By Product Type:

  • Media and Reagents
  • Equipment
  • Others Cell Line Development Service Products

By Type:

  • Primary Services
  • Continuous Services
  • Hybridomas Services
  • Recombinant Cell Line Development Services

By Application:

  • Bioproduction
  • Diagnostics
  • Vaccines
  • Recombinant Protein Therapeutics
  • Tissue Engineering & Regenerative Medicines
  • Drug Discovery
  • Toxicity Testing
  • Pharmaceutical and Biotechnology Research

By Region:

  • North America Market
  • Latin America Market
  • Europe Market
  • Asia Pacific Market
  • Middle East & Africa Market

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Global Cell Culture Incubator Market Expected to Surpass US$ 4,305.1 Million by 2033 at a CAGR of 6.4%.

Cell Culture Incubators Market
Cell Culture Incubators Market

The global cell culture incubator market is on a trajectory of steady growth, with projections indicating that it will surpass a value of US$ 4,305.1 Million by the year 2033. According to recent market analysis, the market was estimated to be worth $2,315.5 million in 2023, suggesting a robust compound annual growth rate (CAGR) of 6.4%.

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An device known as a cell culture incubator is one that permits the growth of bacterial and cell cultures within a chamber and sustains these cultures at controlled pH, humidity, temperature, and CO2 concentration. The market expansion for cell culture incubators is being driven by the increasing demand and approvals for vaccines based on cell culture. The target market is expected to rise due to the rising prevalence of chronic illnesses and the increased need for monoclonal antibodies.

An specialized piece of lab equipment called a tissue culture incubator is used to preserve and grow cells under carefully regulated circumstances. In order to create the ideal circumstances for cell growth and proliferation, it offers a stable environment with regulated temperature, humidity, and gas concentrations.

Growth Driven by Expanding Biotech Industry:

Several key factors are driving the cell culture incubator market forward:

  • Booming Biotechnology Sector: The exponential growth of the biotechnology industry creates a rising demand for cell culture technology and equipment.
  • Novel Applications: Continuous advancements in biotechnology are leading to the development of new and exciting applications for cell culture incubators.
  • Increasing Research Funding: Growing public and private investments in biomedical research contribute to the market’s expansion.

Market Competition:

The key players of this market include Thermo Fisher Scientific Inc, Memmert GmbH + Co.KG, Binder GmbH, Panasonic, BioIVT, Sheldon Manufacturing, Inc.

  • Thermo Fisher Scientific Inc. announced in June 2021 that the company’s Thermo Scientific Cytomat 24 automated incubators and storage systems are combined with the latest technology to aid increased throughput and sample protection. The new Cytomat 24 automated incubators and storage systems from Thermo Fisher Scientific, which will be available in May 2021, provide a large capacity, quick access, and a wide temperature range while minimizing contamination difficulties in high-throughput applications. The new instruments use temperature consistency and stability to assure reproducibility for cell culture applications, while also providing speedy delivery of microtiter plates via an enhanced plate shuttle system, according to a press release issued by Thermo Fisher on May 14, 2021. The system also incorporates an LED touch screen that is installed on the door for easy access and viewing.
  • BioIVT released its GMP Grade Human AB Serum tailored for gene therapy manufacturing in January 2022. BioIVT’s GMP-grade human AB serum is manufactured with the same optimized processes and improved regulatory control of source material collection, manufacturing, and processing as its research-use only material. However, it also includes extra viral tests and documentation for hepatitis A (plasma-derived only), hepatitis B core antibody, hepatitis E, and parvovirus B19 (plasma-derived only).

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Key Segments Profiled In The Cell Culture Incubator Industry Survey:

By Type:

  • Air-jacketed
  • Water-jacketed
  • Direct Heat

By Sensor Technology:

  • Infra-red
  • Thermal Conductivity

By Application:

  • For Pharmaceutical Applications
  • For Biomedical and Clinical Labs
  • For Government Research
  • For IVF Processes
  • For Other Applications

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Deception Technology Market to Surpass US$ 6.7 billion by 2033 amid Rapidly Evolving Nature of Cyber Threats Globally

The market for deception technology is expected to surge to US$ 2 billion in value by 2023. It is anticipated to increase to US$ 6.7 billion by 2033, representing a CAGR of 12.6% from 2023 to 2033. During the same time frame, the market might offer a US$ 4.7 billion absolute dollar potential.

Security tactics have had to change due to the constantly evolving nature of cyber threats. Antivirus software and firewalls, which were once sufficient for protection, are no longer effective against modern, sophisticated threats.

By setting up a network of deceptive traps and decoys that detect and divert intruders, deception technology provides a proactive security mechanism. This novel strategy is expected to add an extra degree of protection for enterprises. As a result, it would be a desirable approach to counter new cyber threats.

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Ability of an organization to identify and react is improved by deception technology. Organizations can divert attackers away from vital assets by using realistic decoys. Additionally, they can learn crucial information about their strategies, methods, and objectives.

Early detection enables quick response and correction, reducing the potential harm brought on by cyberattacks. Ability to proactively identify risks and take appropriate action is a key factor driving demand for deception technologies.

Organizations might also be at danger from insider threats. Hence, it is essential to put precautions in place to lessen this risk. By constructing decoys and traps that are only visible to insiders, deception technology can be important in combating insider threats.

The strategy enables businesses to spot dishonest insiders or compromised accounts and take the necessary countermeasures. Deception technology will offer enterprises improved security and peace of mind by giving them a proactive way to identify and stop internal threats.

Demand for deception technologies would also be significantly influenced by compliance and regulatory needs. Strict data protection and security laws apply to a number of sectors, including healthcare, finance, and government.

Deception technology offers an advanced security solution that goes beyond fundamental compliance measures, assisting enterprises in meeting these criteria. Organizations might be sure they are adhering to legal requirements and avoiding penalties by exhibiting proactive security measures.

Corporations might also find deception technology to be a cost-effective security measure. Without making substantial investments in extra hardware, businesses can increase security by strategically installing decoys and traps. This makes the cost of developing deception technologies a viable investment.

Due to the sensitivity or importance of their intellectual property, certain sectors such as defense, critical infrastructure, and high-tech manufacturing, have specific security requirements. Deception technology provides specialized answers to handle these particular challenges. Hence, it might offer specialized decoys and traps that correspond with threats and attack vectors that are unique to a given sector.

Key Takeaways from Deception Technology Market Study:

  • China deception technology industry is projected to witness a CAGR of 5% from 2023 to 2033.
  • The United States deception technology industry witnessed a CAGR of 1% in the historical period.
  • The United Kingdom deception technology industry is anticipated to surpass a valuation of US$ 264 million by 2033.
  • By offering, the solution segment showcased a CAGR of 0% in the historical period.
  • By deception stack, the network security segment is predicted to witness 2% CAGR from 2023 to 2033.

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“Across several sectors, compliance rules have tightened, necessitating strong security measures. These needs are met by deception technology, which offers proactive security measures and improves threat detection capabilities. It is further expected to open door to new opportunities in the market.” – Says a lead analyst at Future Market Insights (FMI).

Competitive Landscape

The deception technology market’s competitive environment is dynamic and ever-changing. There are a variety of established businesses, new start-ups, and providers of specialized solutions in the market.

Several well-known businesses have emerged as market leaders in the field of deception technology. These businesses have a significant market presence, a sizable customer base, and a broad portfolio of deception technologies.

They frequently have a history of effective deployments and collaborations with other cybersecurity firms. To remain ahead of new threats and continuously enhance their products, market leaders often make significant investments in research & development.

The deception technology sector is heavily reliant on collaboration and strategic alliances. To increase their reach, businesses frequently form agreements with other cybersecurity vendors, managed security service providers, or system integrators.

They also want to increase the number of clients they serve and provide all-inclusive services. Through the harnessing of synergies and the pooling of capabilities, partnerships can increase market competitiveness.

For instance,

  • The Cybersecurity & Infrastructure Security Agency (CISA), a division of the Department of Homeland Security, announced in April 2022 that its FedRamp Ready ShadowPlex platform had been included. Acalvio Technologies is a pioneer in the field of cyber deception. The business would be able to use and acquire cutting-edge deception technology with the addition of this platform. Additionally, the platform would aid them in thwarting sophisticated foes.

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Pork Tapeworm Infection Treatment Market is expected to reach a exceeding US$ 25.17 Billion by 2033

Future Market Insights (FMI), a leading player in the healthcare sector, forecasts substantial growth in the global pork tapeworm infection treatment market. According to FMI’s latest report, the market is anticipated to reach a value of US$ 11.66 Billion by 2023, with further expansion projected to hit an impressive US$ 25.17 Billion by 2033, exhibiting a robust CAGR of 8%.

The rise in pork tapeworm infections worldwide, combined with heightened awareness about the disease and its treatment, has been a significant driver for this market expansion. FMI has played a pivotal role in fostering this growth, leveraging innovative approaches and a steadfast commitment to advancing the field of healthcare.

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The market is expected to witness a surge in zoonotic diseases, creating a heightened demand for effective treatments. FMI, aligned with global health initiatives, is actively contributing to meeting this demand. Governments’ initiatives and our commitment to advancing healthcare solutions are expected to further boost market growth during the forecast period.

Pork tapeworm infections can be treated through various methods, including vaccines, anti-parasitic drugs, and natural remedies. FMI remains at the cutting edge of treatment modalities, exploring more targeted and practical approaches. As the industry evolves, FMI anticipates the possibility of developing treatments designed specifically to target the tapeworm’s genetic structure, thereby minimizing adverse effects on the host.

Furthermore, FMI envisions a future where improved diagnostic tests play a crucial role in early detection, facilitating prompt treatment and reducing the spread of the disease. Our commitment to research and innovation positions us to lead the way in identifying more effective techniques for treating and preventing pork tapeworm infections.

In conclusion, FMI is dedicated to advancing the field of pork tapeworm infection treatment, contributing to the projected market growth. We remain steadfast in our commitment to research, innovation, and collaboration with global health initiatives to create a healthier and safer world.

Key Takeaways from the Market Study:

  • The global market size for pork tapeworm infection treatment is estimated to reach US$ 11.66 billion by 2023.
  • According to the forecast, the albendazole drug market is expected to grow by 6.2% CAGR between 2023 and 2033.
  • The hospital pharmacies for pork tapeworm infection treatment market accounted for 28% of the total market value by the end of 2023.
  • Pork tapeworm infection treatment in North America expanded with a market share of 19% in 2022.
  • The CT scan market is expected to account for 22% of the total market value over the next few years.

“Progress in diagnostics and the development of advanced testing kits at home will further boost the pork tapeworm infection treatment market.” Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

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Competitive Landscape:

Markets may see many companies expand their product lines, acquire other companies, or merge their companies together in the near future due to the fact that many companies are expected to focus on the development of innovative diagnostic techniques.

  • Mzansi’s pig veterinarians participated in the recent International Pig Vet Society Congress (IPVS) 2022 held in Rio De Janeiro, Brazil. Eight key veterinarians from Afrivet, the leading animal health company in South Africa, attended the five-day event. Dr. Caryn Shacklock presented Afrivet’s research on neurocysticercosis (NCC) at the event, one of the highlights. An NCC pilot vaccination study was conducted for a year in the Keiskammahoek region in the Eastern Cape. This presentation was included in the Food Safety and Parasites Session.

Key Companies Profiled:

  • Winchester Hospital
  • Merck & Company Inc.
  • Medtronic
  • Teva Pharmaceuticals Ltd.
  • Eli Lilly and Company
  • Sanofi S.A.
  • Bayer AG
  • Bristol-Myers Squibb
  • Abbott
  • Recordati Rare Diseases Inc.

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Key Segments Profiled in the Pork Tapeworm Infection Treatment Industry Survey:

By Drug Type:

  • Praziquantel
  • Albendazole
  • Nitazoxanide
  • Others

By Treatment:

  • CT Scan
  • MRI
  • Ultrasound
  • X-Ray

By End User:

  • Hospitals & Laboratories
  • Specialty Clinics
  • Ambulatory Surgical Centres
  • Others

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Hair Gloss Market: Get Ready to Shine with a 4.3% CAGR Boom by 2033

Hair Gloss Market
Hair Gloss Market

The global hair gloss market is projected to shimmer with a staggering double-digit Compound Annual Growth Rate (CAGR) of 4.3%, reaching a market value of US$ 9.5 billion by the forecast period. Several key factors are fueling this lustrous market expansion:

  • The Grooming Revolution: A growing emphasis on personal appearance is driving demand for products that enhance beauty, with hair gloss playing a starring role.
  • Natural Appeal: The preference for natural and organic hair care products extends to hair gloss, with consumers seeking healthy-looking shine without harsh chemicals.
  • Salons Take Center Stage: The increasing number of hair salons and hair care service providers is creating a readily available market for professional-grade hair gloss treatments.

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Beyond Shine: A Multitude of Benefits

Hair gloss offers more than just a dazzling effect:

  • Shine on Demand: Hair gloss adds vibrancy and luster to dull, lifeless hair, making it appear healthier and more manageable.
  • Color Confidence: It enhances natural hair color or adds subtle dimension to colored hair, creating a polished look.
  • Heat Hero: Hair gloss acts as a protective shield against heat styling, UV rays, and environmental damage – a win for long-term hair health.
  • Conditioning Champion: Hair gloss provides deep conditioning benefits, leaving hair feeling soft and smooth.
  • Color Commitment – Lite: Hair gloss offers a semi-permanent color solution, perfect for those seeking a temporary change without the long-term commitment of permanent dyes.
  • Low Maintenance Luxury: Easy to maintain, hair gloss only requires occasional touch-ups, which can be done at home or at a salon for continued shine.

North America Leads the Gloss Charge

The North American hair gloss market is expected to be a shining example of growth, driven by:

  • Beauty-Conscious Consumers: A strong focus on personal grooming is fueling demand for hair gloss solutions.
  • Technique Takes Over: The rising popularity of hair styling techniques like balayage and ombre necessitates hair gloss for achieving desired results.
  • Benefits Recognized: Consumers are increasingly aware of the multiple benefits offered by hair gloss, making it a valuable addition to their hair care routines.

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The United States: A Shining Star

Within North America, the United States is the undisputed leader in the hair gloss market. This dominance can be attributed to:

  • High Investment in Grooming: U.S. consumers are known for their high spending on personal care products, including hair gloss.
  • Salon Savvy: The abundance of hair salons and hair care service providers creates easy access to professional hair gloss treatments.
  • Natural Movement: The growing trend towards natural and organic hair care products is driving innovation in the U.S. hair gloss market.

A Bright Future for Hair Gloss

The hair gloss market is poised for continued growth, fueled by a combination of consumer demand for healthy-looking hair, innovative product development, and the increasing popularity of professional hair care services. Manufacturers who cater to the desire for natural ingredients, diverse benefits, and convenient application methods are well-positioned to capture a significant share of this flourishing market.

Hair Gloss Market: Key Players

Some of the key players operating in the global hair gloss market are L’Oréal Paris, Rita Hazan, John Frieda, Oscar Blandi, Shu Uemura, Clairol, Kenra, Tangle Angel, Rusk, Redken, Schwarzkopf and others.

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Market Segmentation

The hair gloss market is segmented into different parts based on the product type, price, application, and sales channel.

On the basis of product type

  • Hair Color
  • Hair Sprays
  • Hair Styling Gels
  • Hair Treatment Masks
  • Hair Shampoo & Conditioner
  • Others

On the basis of treatment

  • Shine Enhancement
  • Smoothing & Straightening

On the basis of price

  • High
  • Mid-Range/ Economy

On the basis of price

  • Natural
  • Conventional

On the basis of demography

  • Men
  • Women

Based on application

  • Household
  • Commercial
  • Spa & Salon, Hair Treatment Centers
  • Hotels
  • Others

On the basis of the sales channel

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Specialty Stores
  • Multi-Brand Stores
  • Independent Small Stores
  • Online

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Barbeque (BBQ) Charcoal Industry Poised for Growth with 4.8% CAGR by 2033

The global BBQ charcoal industry is projected to reach a value of US$ 4.84 billion by 2033, registering a CAGR of 4.8%. This is a considerable increase from its present value of US$ 3.03 billion in 2023.

Charcoal is an ideal fuel for quickly cooking pizzas, steaks, and kebabs at high temperatures. Charcoal grills offer a versatile cooking method for a wide range of recipes. Over the past five years, there has been a significant increase in the demand for charcoal grills. This surge can be attributed to the growing popularity of grilled food and its appealing qualities, such as the smoky flavor, portability, and nutritional value.

The demand for BBQ charcoal has steadily increased in the domestic and personal sectors due to rising household demand. Indoor cooking has become more popular as people prefer to cook at home and enjoy homemade grilled food. This cooking trend at home is expected to persist during the forecast period.

The growing awareness of hygiene and health is expected to boost the demand for home-cooked food. Global demand for BBQ charcoal is anticipated to increase as grilled food becomes a growing trend among millennials. Additionally, the benefits of charcoal grills for BBQ, including enhanced flavor, smoky taste, portability, and healthier food options, contribute to the increasing demand.

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BBQ charcoal is commonly used for outdoor cooking during leisure activities such as picnics, camping trips, and beach parties. As people engage in outdoor leisure activities, the demand for BBQ charcoal increases. BBQ charcoal offers convenience, portability, and the ability to cook delicious food in an outdoor setting.

The introduction of new flavors and additives that enhance the taste of grilled dishes has intrigued early adopters to experiment with charcoal grilling. Furthermore, the rise in camping among younger generations and the increasing number of weekend outings have led to more cooking contests, thereby driving the demand for charcoal. These shifts in lifestyle are anticipated to impact charcoal sales positively.

Barbecuing is deeply rooted in the cultural and regional traditions of many countries. In certain regions, such as North America, South America, and Europe, barbecuing is integral to the culinary heritage. The cultural and regional preferences for charcoal grilling contribute to the sustained demand for BBQ charcoal in these areas.

There is a market for premium and specialty charcoal products that offer unique features or flavors. For example, charcoal infused with natural flavors can enhance the taste of grilled food. Exploring innovative charcoal products can attract customers. Examples of innovative charcoal products include long-lasting or quick-lighting charcoal. These products cater to customers seeking convenience and high-quality grilling experiences.

Key Takeaways from this Market:

  • The BBQ charcoal industry in the United Kingdom is anticipated to rise, exhibiting a CAGR of 4.0% through 2033.
  • The United States held a 28.9% share of the global BBQ charcoal industry in 2022.
  • With a CAGR of 6.0% over the forecast period, India is predicted to develop rapidly in the BBQ charcoal industry.
  • In 2022, Japan had a 3.6% share of the BBQ charcoal industry globally
  • The BBQ charcoal industry in China is expected to increase, registering a CAGR of 5.5% over the forecast period.
  • Germany accounted for 7.7% of the global BBQ charcoal industry in 2022.

Competitive Landscape in this industry:

Leading players in the BBQ charcoal industry embrace diverse approaches to strengthen the market presence and expand global reach. Following are a few strategies

  • Expand product offerings to cater to different consumer preferences and market segments.
  • Invest in creative advertising campaigns and collaborations with influencers to enhance brand visibility.
  • Optimize websites for seamless online shopping and engage with customers through social media.
  • Form strategic alliances with BBQ equipment manufacturers, grill brands, or food and beverage companies for cross-promotion.
  • Implement strict quality control measures and prioritize customer feedback for consistent satisfaction.
  • Identify and enter new markets with high BBQ charcoal demand through adaptation and distribution partnerships.
  • Invest in innovation, explore new technologies, and develop product variations aligned with consumer trends.
  • Promote sustainability through carbon offsetting, energy-efficient processes, and participation in reforestation initiatives.

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Recent Developments by Key Players in the BBQ Charcoal Market

In 2021, Middle by Corporation finalized the acquisition of Master built Holdings LLC. Master built Holdings LLC is a company based in Atlanta. The company is well-known for its outdoor residential products designed for charcoal cooking.

The Oxford Charcoal Company exhibited its Agri-tech and Biochar grade products in May 2019. The exhibition took place at the BBC Gardeners World Live show. The show was held in conjunction with the BBC Good Food Show Summer. The BBC Good Food Show Summer is one of the leading gardening shows in the United Kingdom.

Key Players are:

  • Pol-GartenHolz GmbH & Co KG
  • Dancoal
  • Gryfskand sp z.o.o
  • Oxford Charcoal Company
  • Direct Charcoal Limited
  • Eco Grilly
  • GrillBon
  • Bracia Tokarscy
  • BOOMEX GmbH
  • The Great Welsh Charcoal Company
  • Perechin Timber-Chemical Plant

Market by Categorization:

By Product Type:

  • Lump Charcoal
  • Charcoal Briquettes

By Sales Channel Type:

  • Offline
  • Online

By End Use:

  • Domestic & Personal
  • Commercial

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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